June 21, 2024

Jacksonville Jaguars coach Doug Pederson announced on Monday that negotiations for a long-term contract extension for franchise quarterback Trevor Lawrence are ongoing, expressing optimism that the deal will be finalized soon.

Lawrence is slated to earn $5.6 million this season, with the Jaguars having exercised his fifth-year option for 2025, which would pay him $25.6 million unless an extension is reached. It is anticipated that Lawrence will join the $50 million annual salary club once the deal is completed.

Pederson commented, “I think it’s part of the business. Obviously, the sooner you get it done, it’s behind everybody, and now we can focus on football without it lingering.”

Currently, quarterbacks Joe Burrow, Jared Goff, Justin Herbert, Lamar Jackson, and Jalen Hurts all earn over $50 million per season, with Dak Prescott expected to join them as he enters the final year of his contract with the Dallas Cowboys.

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Pederson added, “I know (Jaguars GM) Trent (Baalke) and (Lawrence’s) agent are in continuous talks, working hard and tirelessly. My job is to coach Trevor and the team, and hopefully, it gets done soon.”

Trevor Lawrence, 24, made the Pro Bowl in 2022 and has a 20-30 record as a starter. He has passed for 11,770 yards with 58 touchdowns and 39 interceptions over three seasons since being drafted No. 1 overall in 2021. Additionally, he has rushed for 964 yards and 11 touchdowns.

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